Financial Results - Standalone (Rs. in Lacs)

Quarterly Performance:

  • Q4 FY26 (Mar 2026): Revenue from operations: ₹120.37, Other income: ₹0.04, Total income: ₹120.41, Total expense: ₹156.63, Loss before tax: ₹(36.22), Tax expense: ₹0.66, Net loss: ₹(36.88), Other comprehensive income: ₹(0.12), Total comprehensive income: ₹(37.00)
  • Q3 FY25 (Dec 2025): Revenue from operations: ₹89.05, Other income: ₹0.91, Total income: ₹89.96, Total expense: ₹96.15, Loss before tax: ₹(8.19), Tax expense: ₹(1.05), Net loss: ₹(7.14), Other comprehensive income: ₹0.03, Total comprehensive income: ₹(7.11)
  • Q4 FY25 (Mar 2025): Revenue from operations: ₹97.81, Other income: ₹1.74, Total income: ₹99.55, Total expense: ₹102.88, Loss before tax: ₹(3.33), Tax expense: ₹0.46, Net loss: ₹(3.79), Other comprehensive income: ₹(0.13), Total comprehensive income: ₹(3.92)

Annual Performance:

  • FY26: Revenue from operations: ₹497.54, Other income: ₹9.03, Total income: ₹506.57, Total expense: ₹520.30, Loss before tax: ₹(13.73), Tax expense: ₹(0.35), Net loss: ₹(13.36), Other comprehensive income: ₹0.26, Total comprehensive income: ₹(13.12)
  • FY25: Revenue from operations: ₹473.20, Other income: ₹7.30, Total income: ₹480.50, Total expense: ₹494.54, Loss before tax: ₹(14.04), Tax expense: ₹(1.62), Net loss: ₹(12.42), Other comprehensive income: ₹0.13, Total comprehensive income: ₹(12.29)

Key Metrics:

  • Paid-up equity share capital: ₹20.00 lacs (face value ₹5 per share) for all periods
  • Earnings Per Share (Basic & Diluted): FY26: ₹(3.34), FY25: ₹(3.11); Q4 FY26: ₹(9.22), Q4 FY25: ₹(0.95)

Balance Sheet Position - Standalone (Rs. in Lacs)

As at 31st March 2026:

  • Total Assets: ₹1,019.62
  • Non-current assets: ₹104.16 (Property, plant and equipment: ₹20.44, Investments: ₹65.80, Other financial assets: ₹3.82, Deferred tax assets: ₹14.10)
  • Current assets: ₹915.46 (Inventories: ₹482.50, Trade receivables: ₹242.83, Cash and cash equivalents: ₹181.85, Other current assets: ₹8.07)
  • Equity and Liabilities: ₹1,019.62
  • Equity: ₹425.52 (Share capital: ₹20.00, Other equity: ₹405.52)
  • Non-current liabilities: ₹325.11 (Provisions: ₹325.11)
  • Current liabilities: ₹268.99 (Employee benefit obligation: ₹241.69, Provisions: ₹9.00, Other current liabilities: ₹2.60)

As at 31st March 2025:

  • Total Assets: ₹879.70
  • Non-current assets: ₹109.36 (Property, plant and equipment: ₹22.09, Investments: ₹65.54, Other financial assets: ₹7.98, Deferred tax assets: ₹13.75)
  • Current assets: ₹770.34 (Inventories: ₹466.31, Trade receivables: ₹179.80, Cash and cash equivalents: ₹282.38, Other current assets: ₹3.42)
  • Equity and Liabilities: ₹879.70
  • Equity: ₹438.65 (Share capital: ₹20.00, Other equity: ₹418.65)
  • Non-current liabilities: ₹294.30 (Provisions: ₹294.30)
  • Current liabilities: ₹146.75 (Employee benefit obligation: ₹132.01, Provisions: ₹8.89, Other current liabilities: ₹1.47)

Cash Flow Statement - Standalone (Rs. in Lacs)

FY26:

  • Net cash used in operating activities: ₹(108.25)
  • Net cash from investing activities: ₹7.72
  • Net cash used in financing activities: ₹0.00
  • Net decrease in cash: ₹(100.53)
  • Cash opening balance (01.04.2025): ₹282.38
  • Cash closing balance (31.03.2026): ₹181.85

FY25:

  • Net cash used in operating activities: ₹(127.89)
  • Net cash from investing activities: ₹6.64
  • Net cash used in financing activities: ₹0.00
  • Net decrease in cash: ₹(121.25)
  • Cash opening balance (01.04.2024): ₹403.63
  • Cash closing balance (31.03.2025): ₹282.38

Consolidated Results

The consolidated financial results include two associate companies:

1. Vidarbha Bidi Limited (Associate Company)

2. Tip Top Health Zone Private Limited (Associate Company)

The consolidated financial results show identical figures to the standalone results for all line items, indicating that the associate companies did not have material impact on the consolidated numbers.

Audit Opinion

The statutory auditors, Daga & Chaturmutha Chartered Accountants (Firm Registration No. 101987W), issued unmodified audit opinions on both the standalone and consolidated financial results. Partner Anand Daga (Membership No. 048684) signed the audit reports dated May 29, 2026.

The auditors confirmed that:

  • The financial results are presented in accordance with Regulation 33 of SEBI Listing Regulations
  • The results give a true and fair view in conformity with Indian Accounting Standards
  • The quarter ended March 31, 2026 figures are balancing figures between audited full year and published unaudited year-to-date figures up to the third quarter

Notes to Financial Results

1. The financial statements are prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS)

2. The company is engaged in manufacturing and trading of tobacco and tobacco products with no separate reportable segments

3. Exchange rate difference represents exchange loss/(gain) on restatement of outstanding liability of escrow fund demand provision made in earlier years

4. The new labour codes (Code on Wages 2019, Social Security 2020, Industrial Relations Code 2020, Occupational Safety Code 2020) effective from November 21, 2025 were assessed, and the company concluded no incremental impact requiring additional provisions

5. Q4 FY26 figures are balancing figures between audited full year and published year-to-date figures up to Q3 FY26

6. Previous period figures have been regrouped and rearranged where necessary